SURFATECH AS

6639 TORVIKBUKT

Finances

Share Ownership

Return on Equity

88,45 %

Current Ratio

1,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 119 000	9 619 000	9 562 000	7 986 000
Net Income	1 532 000	1 403 000	1 840 000	244 000
Total Assets	4 439 000	3 749 000	3 817 000	2 300 000
Total Equity	1 732 000	2 200 000	1 797 000	1 057 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 119 000	9 619 000	9 562 000	7 986 000
Expenditure	8 086 000	7 820 000	7 660 000	7 644 000
Operating Profit	2 033 000	1 799 000	1 903 000	342 000
Financial Income	30 000	42 000	458 000	4 000
Financial Costs	96 000	40 000	2 000	33 000
Financial Balance	−66 000	2 000	456 000	−29 000
Earnings Before Tax	1 967 000	1 801 000	2 359 000	313 000
Tax	435 000	398 000	519 000	69 000
Net Income	1 532 000	1 403 000	1 840 000	244 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	7 000	5 000	10 000
Total Current Assets	4 439 000	3 743 000	3 812 000	2 290 000
Total Assets	4 439 000	3 749 000	3 817 000	2 300 000
Total Retained Equity	1 332 000	1 800 000	1 397 000	657 000
Total Equity	1 732 000	2 200 000	1 797 000	1 057 000
Total Long-Term Debt	0	0	1 000	2 000
Total Current Debt	2 707 000	1 549 000	2 019 000	1 241 000
Total Equity and Debt	4 439 000	3 749 000	3 817 000	2 300 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 119 000	9 619 000	9 562 000	7 986 000
Other Income	0	0	0	0
Revenue	10 119 000	9 619 000	9 562 000	7 986 000
Cost of Goods Sold	6 713 000	6 654 000	6 270 000	5 557 000
Salary Costs	884 000	837 000	952 000	1 533 000
Depreciation	0	5 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	8 086 000	7 820 000	7 660 000	7 644 000
Operating Profit	2 033 000	1 799 000	1 903 000	342 000
Financial Income	30 000	42 000	458 000	4 000
Financial Costs	96 000	40 000	2 000	33 000
Financial Balance	−66 000	2 000	456 000	−29 000
Dividends	2 000 000	1 000 000	1 100 000	0
Net Income	1 532 000	1 403 000	1 840 000	244 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	7 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	5 000	10 000
Total Tangible Assets	0	0	5 000	10 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	7 000	5 000	10 000
Stock	0	0	54 000	103 000
Total Investments	0	0	0	0
Cash, Bank	3 657 000	3 150 000	3 367 000	1 038 000
Total Current Assets	4 439 000	3 743 000	3 812 000	2 290 000
Total Assets	4 439 000	3 749 000	3 817 000	2 300 000
Total Equity	1 732 000	2 200 000	1 797 000	1 057 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	2 000
Creditors	120 000	12 000	71 000	630 000
Unpaid Taxes	84 000	70 000	151 000	363 000
Dividends	2 000 000	1 000 000	1 100 000	0
Other Current Debt	75 000	61 000	177 000	179 000
Total Current Debt	2 707 000	1 549 000	2 019 000	1 241 000
Total Equity and Debt	4 439 000	3 749 000	3 817 000	2 300 000

Financial indicators	2022	2021	2020	2019
Return on Equity	88,45 %	63,77 %	102,39 %	23,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,09 %	18,7 %	19,9 %	4,28 %
Current Ratio	1,64	2,42	1,89	1,85
Quick Ratio	1,64	2,42	1,94	2,01
Equity Ratio	0,39	0,59	0,47	0,46
Gross Profit Margin	33,66 %	30,82 %	34,43 %	30,42 %